Fitness Industry Finance Expertise Matters
Sell more fitness equipment. Faster.
Whether your operation is a local distributor or a national online retailer, TimePayment makes your solutions easier to buy. With innovative tools that easily integrate into your website and sales process, we can help your customers see a simple monthly payment, confidently take action and you can sell more…faster.
Typical Comments We Hear From Exercise and Fitness Industry Professionals:
“I think it’s the first as-a-service business model. Simple monthly payment, our guys are here to deliver and check in every month for service, and we replace with new equipment automatically.”
Smaller Footprint, Multi-location business models are driving industry growth.
The US Fitness Equipment Market* is expected to exceed more than $12 Billion by 2022 . With over 73,411 fitness centers in the U.S. there are more than 800,000 companies that regularly invest in fitness equipment Key Issues impacting the industry are:
- Market pressure promoting exercise.
- A growing range of gyms and fitness clubs – gym footprints are shrinking, but # of locations are increasing.
- Obese population in developing U.S. economies.
- The desire for improved and active lifestyles.
TimePayment’s business is helping your fitness customers acquire equipment with affordable monthly payments; they can buy more, afford higher-end equipment and are more likely to be a repeat customer. Our financing packages start at $500 and can be structured to include the costs of the equipment, delivery, installation as well as any related consulting services. Give your customers the option to buy now and afford the equipment they need by contacting TimePayment.
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*Data source: IBIS (2018) – Fitness & Gym
Typical Comments We Hear From Exercise and Fitness Industry Professionals:
“We want to sell equipment in packages. And that includes delivery, installation and even some consulting work we are doing around floor planning. Finance companies just want to finance the equipment, and that leaves a cash burden on our customer that disrupts the sales process and even hurts our ability to consultative with our customers.”
Sell more fitness equipment. Faster.
Whether your company is an online wholesaler or a niche supplier of yoga supplies, TimePayment makes your equipment easier to buy. With innovative tools that easily integrate into your website and sales process, we can help your customers see a simple monthly payment, confidently take action and you can sell more…faster.
Typical Comments We Hear From Exercise and Fitness Industry Professionals:
“We want to sell equipment in packages. And that includes delivery, installation and even some consulting work we are doing around floor planning. Finance companies just want to finance the equipment, and that leaves a cash burden on our customer that disrupts the sales process and even hurts our ability to consultative with our customers.”
Why Choose TimePayment?
Committed to Financing for the Fitness Industry
In an environment where finance companies shy away from many fitness business models, TimePayment has a long-time commitment to the industry.
Never let time kill your deal again
From credit decisions in seconds to fast funding, we give you the tools to quickly turn shoppers into buyers and get the deal off the street.
Easier to Sell
Whether an online quote tool or marketing support, TimePayment gives your sales team the education, resources and innovative technology tools to close deals.
Reaching beyond the treadmill
TimePayment offers turn-key financing starting at $500 for ellipticals to free weights and just about anything in between. Additionally, by providing financing for installation, delivery, design and even assets beyond what your company sells, you can make it easier for your customers to choose your company over the competition. Learn more here.
Help more potential customers
From startups to decades-old, multi-location franchises with strong credit backgrounds to those that have had more challenging times, TimePayment can help a wide range of business and ownership backgrounds.
Let them keep their cash
TimePayment financing allows customers to preserve their cash and primary banking relationships for things like payroll and inventory, rather than investing in depreciating assets. By lessening the cash required to make a deal happen, you remove the largest obstacle to closing more business.
Are customer financial limitations standing in the way of your sales growth?
If you sell assets of any kind to fitness businesses, learn more about our Vendor Program or fill out this brief contact form to talk to a TimePayment industry specialist today.
